This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom apartment of 67 m², built in 1975. Located on travessa Pinto Correia, 11, Algés, Linda-a-Velha e Cruz Quebrada-Dafundo parish, Oeiras municipality, Lisbon district. Location Proximity: Only a short walk from the Algés waterfront promenade, providing direct access to coastal leisure activities, coupled with nearby Cruz Quebrada Station for convenient commuting. Balcony Space: A generous wraparound balcony enhances livability and outdoor relaxation.
The valuation. The asking price of €305,000 sits €28,320 below the fair value of €333,320, indicating it is subpriced by 9.3%. This suggests a favorable opportunity for potential buyers. Buy-to-flip angle. The strategy would involve renovating the property, enhancing its appeal before listing it again, potentially allowing for a profitable resale in a rising market. Buy-to-let angle. With an estimated gross yield of 4.1% from a rental income of approximately €1,042/month, this apartment presents a solid long-term investment strategy for generating passive income.
Fair value modelled at €333,320 from the area baseline, adjusted for condition and location. Asking €305,000 sits €28,320 (9.3%) below — the upside to fair value.
Asking €305,000 versus the travessa Pinto Correia, 11 area baseline of €306,793 (€4,579/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 63 · Materials 66 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
travessa Pinto Correia, 11
Area baseline €306,793 + condition -€11,516 + location +€38,042 = modelled fair value of €333,320 (€4,975/m²), a €28,320 (9.3%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Pinto Correia, 11 | Subject | €305,000 | €4,552 | — | 63 | 81 |
| Algés, Linda-a-Velha e Cruz Quebrada-Dafundo · 1e6153 | Active | €280,000 | €3,784 | 16.9% | — | 71 |
| rua São João de Deus | Active | €335,000 | €4,085 | 10.3% | 70 | 72 |
| rua Bernardino de Oliveira, 15 | Active | €225,000 | €3,879 | 14.8% | 62 | 80 |
| rua Doutor Manuel de Arriaga | Active | €360,000 | €4,390 | 3.6% | 70 | 74 |
| Median comp | €307,500 | €3,982 | 12.5% | 70 | 73 |
Long-term rental The property offers a competitive gross yield of 4.1%, which is attractive for investors focusing on long-term rental strategies. With a fair value of €333,320, this apartment is priced at €305,000, reflecting a 9.3% gap that suggests potential for appreciation over time. Buy-and-hold Investing in this property aligns with a buy-and-hold strategy, particularly given the strong neighborhood rating of 81/100 that indicates solid demand and tenant quality. The fair value of €333,320 in contrast to the listing price of €305,000 presents a significant opportunity for value growth. Family rental The spacious layout of 67m² and the suburban location near urban amenities make this apartment well-suited for family rentals, which tend to be stable and reliable. Priced at €305,000, it lies 9.3% below its fair value, enhancing its attractiveness for families seeking quality housing in the area.
Potential Economic Downturn The high economic stability score of 85 suggests a resilient market, but a sudden economic downturn could significantly impact tenant stability, currently rated at 80, leading to potential vacancy risk.
